Convert Salvadoran Colón to Lebanese Pound
Please provide values below to convert Salvadoran Colón [SVC] to Lebanese Pound [LBP], or Convert Lebanese Pound to Salvadoran Colón.
How to Convert Salvadoran Colón to Lebanese Pound
1 SVC = 9.76464245810056e-05 LBP
Example: convert 15 SVC to LBP:
15 SVC = 15 × 9.76464245810056e-05 LBP = 0.00146469636871508 LBP
Salvadoran Colón to Lebanese Pound Conversion Table
| Salvadoran Colón | Lebanese Pound |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.